The Chairman/Chief Executive
Agency Banks handling Small Saving Schemes
rates for Small Savings Schemes
Please refer to our circular DGBA.GBD.2573/15.02.005/2017-18 dated April 12,
2018 on the above subject. The Government of India, has vide
their Office Memorandum (OM) No.F.No.01/04/2016–NS dated July 2, 2018 has
stated that the interest rates on Small Savings Schemes for the second
quarter of financial year 2018-19 starting 1st July, 2018 and ending
September 30, 2018 shall remain unchanged from those notified for the first
quarter of FY 2018-19 (copy enclosed).
2. The contents of this circular
may be brought to the notice of the branches of your bank operating
Government Small Saving Schemes for necessary action. These should also be
displayed on the notice boards of your branches for information of the
subscribers to these Schemes.
Encl : as above